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| Non-Standard Construction
Most lenders have guidelines on the kinds of property that are acceptable security for a mortgage. Generally lenders want to make sure that the property is readily saleable and isn't likely to have any serious defects in the construction.
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This tends to favour traditional brick and tile houses. The following are a few examples of the kinds of thing some Lenders may find unacceptable or that may require special conditions on the advance:
- High Rise Flats
- Steel or Timber Framed properties
- Farms and smallholdings
- Flats above shops
However, at Solution Remortgages we use a range of specialist lenders who are prepared to lend on such properties so if another lender has turned you down because of the construction type of your property don't hesitate to give us a call.
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